Common use of Specific Plan Clause in Contracts

Specific Plan. The existing V1SPA consists of 59 parcels of varying size with numerous property owners and varying uses. The Specific Plan identifies an integrated, multi-faceted community area with a central core that gradually transitions to lower density development toward the edges of the plan area and rural (county) interface. The Village 1 Specific Plan, General Development Plan, and associated infrastructure master plan documents detail the location and sizing of all backbone infrastructure necessary to support development of the plan area, consistent with the City’s adopted General Plan. The Village 1 Specific Plan and General Development Plan documents also identify the development character, amenities, street sections, and trails which will be developed as part of the infrastructure obligations of the V1SPA. The Village 1 Specific Plan and General Development Plan were crafted using the “village concept” as described in Section 4.4 of the City’s General Plan. The village concept is intended to ensure that new developments meet the quality and mix of land uses desired by the City. As such, large land area planning over the Village 1 properties requires multiple land owners to work together to formulate land planning concepts and character for implementation of the specific plan development, similar to a master-developer. Construction and delivery of major backbone infrastructure and plan amenities must also be performed by a multitude of property owners/developers in a manner similar to a master developer. Each developer within the Village 1 Specific Plan Area (V1SPA) must enter into a Development Agreement with the City (a requirement of the Specific Plan document) as part of entitlement applications for projects. Village 1 Infrastructure Finance Plan

Appears in 4 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

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